How MishiPay CEO Mustafa Khanwala grew to $1.7M revenue with a 49 person team in 2024.

In 2024, MishiPay's revenue reached $1.7M. The company previously reported $1.3M in 2023. Since its launch in 2015, MishiPay has shown consistent revenue growth.

Mustafa Khanwala

Mustafa is a Mechatronic Engineer who has previously worked in and led projects with companies like Porsche, National Instruments, Barclays and TATA and has proven track record in successful innovation. He has sales experience through working in his family business and starting a food delivery venture in Manchester in 2011. Towards the end of hisMSc Engineering with Finance degree at UCL, he thought of the idea for MishiPay after having waited too long in a queue to buy 1 just item. He then started MishiPay as a side project and designed and built the first functional prototype by himself. Having worked on MishiPay for several months and after seeing the technology working in real life, he rejected offers from Goldman Sachs, KPMG and Barclays to work full-time on MishiPay. He also called up Tanvi then, a brilliant computer systems engineer, his friend since 5 years and someone he's worked with previously. He convinced her to join MishiPay as CoFounder and CTO and they haven't looked back since. As proof of their teamwork, just look at their accomplishments since Nov 2015; live public trials in London, Cisco global partnership, seed investment, major retailer projects in India, Europe and the Middle East, awards from Mayor of London, Government of India, Anita Borg Institute, University of Manchester, UCL and others.

We do not have customer count information for MishiPay yet.

MishiPay employs approximately 49 people as of 2026.